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Loraine, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Loraine, Illinois had a total population of 341, the 1045th largest village in Illinois, with a median household income of $58,750, which is 30% lower than the state average. The poverty rate is 8.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Loraine Quick Facts

Population 341
Median Household Income $58,750
Median Home Value $83,600
Poverty Rate 8.8%
Unemployment Rate 5.5%
Median Age 49.8 years
Homeownership Rate 82.8%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 9.8%
High School Graduation Rate 92.9%
Diversity Index 11/100
Population 341 1045th of 1,445
Median Income $58,750 below average
Poverty Rate 8.8% 29% lower than national
Median Home Value $83,600 bottom 30%

How Loraine Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population407341-16.2%
Median household income$56,855$58,750+3.3%
Median home value$88,100$83,600-5.1%

How Loraine Compares

Economy & Housing

Household Income Distribution

Under $25K 10.8%
$25K-$50K 23.6%
$50K-$100K 49.7%
$100K+ 15.9%
Detailed income brackets
Under $10K
5.7%
$10K-$15K
4.5%
$15K-$20K
0.6%
$20K-$25K
0.0%
$25K-$30K
2.5%
$30K-$35K
4.5%
$35K-$40K
0.6%
$40K-$45K
7.0%
$45K-$50K
8.9%
$50K-$60K
24.8%
$60K-$75K
6.4%
$75K-$100K
18.5%
$100K-$125K
9.6%
$125K-$150K
1.3%
$150K-$200K
0.0%
$200K+
5.1%

Employment

5.5% Unemployment Rate State: 5.8%|National: 5.2%
51.0% Labor Force Participation

Housing Overview

Owner 82.8%
Renter 17.2%
Affordability Index Very Affordable
1.4x home value to income ratio
Median gross rent $673/mo 13.7% of median household income annually

People & Demographics

Diversity Index

11out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Loraine Rankings in Illinois

#1045 Population of 1,445
#956 Median Income of 1,374
#1151 Education of 1,444
#1080 Home Value of 1,372

Other Cities in Adams County

CityPopulationMedian IncomePovertyHome Value
Quincy 39,109 $56,480 16.7% $153,200
Camp Point 1,230 $62,188 14.9% $127,800
Mendon 1,167 $65,781 15.7% $111,600
Payson 1,100 $60,478 12.4% $132,000
Ursa 726 $64,375 10.7% $161,900
Golden 693 $55,000 6.4% $122,800
Clayton 602 $66,136 12.7% $91,500
Liberty 409 $78,977 6.4% $137,500
Lima 224 $74,375 4.9% $88,800
Coatsburg 209 $63,750 6.2% $81,700

Cities Similar to Loraine

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Armington343$62,083$93,30016.3%25.9%
Alto Pass343$55,556$121,30029.1%7.0%
Humboldt329$59,063$81,50014.8%11.6%
Winslow338$55,156$111,8009.2%27.8%
Weldon350$60,625$100,0006.6%17.4%

A note before these figures: with a population of 341, Loraine's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Loraine is a small community located in Illinois, within Adams County. The total population is 341. It ranks as the 1045th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Loraine is 49.8 years. This is 28% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Loraine is $58,750. This is 30% lower than the state median of $83,390. It is also 27% lower than the national median of $80,734. The poverty rate stands at 8.8%. This is 25% lower than the state poverty rate of 11.8%. The unemployment rate is 5.5%. This is 6% lower than the state rate of 5.8%. The median home value is $83,600. Housing costs are 68% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.4x, Loraine is one of the most affordable housing markets in the area. 82.8% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 67.1%.

Race & Ethnicity

Loraine has a predominantly White (non-Hispanic) population, comprising 94.4% of all residents. Black or African American residents account for 2.4%. The White (non-Hispanic) population is significantly higher than the state average (94.4% vs 58.1%). The Black or African American population (2.4%) is well below the state average of 13.3%. The Hispanic or Latino population (1.2%) is well below the state average of 18.8%.

Education

9.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 74% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 92.9%.

Data Sources & Methodology

All demographic data for Loraine, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Loraine, Illinois?

Loraine, Illinois has a population of 341 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Loraine, IL?

The median household income in Loraine is $58,750, which is 27% lower than the national median of $80,734.

What is the poverty rate in Loraine, IL?

The poverty rate in Loraine is 8.8%. This means approximately 30 residents live below the federal poverty line.

What is the racial makeup of Loraine, Illinois?

Loraine's population is 94.4% White, 2.4% Black, 1.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Loraine, IL?

The median home value in Loraine is $83,600. The home-value-to-income ratio is 1.4x.

How educated is Loraine, Illinois?

9.8% of adults (25+) in Loraine hold a bachelor's degree or higher, and 3.4% hold a graduate or professional degree.